The US government will give money to most Americans, business loans and support for hard-hit industries, because the agreement on the $2tn stimulus bill was reached on March 25. The largest bailout in US history has drawn wide attention, and related reports appeared on BBC, CNN, Guardian, Investopedia, etc.
In particular, part of the money will be allocated to most American taxpayers whose annual income is under $99,000. For individuals, they can get up to $1,200 checks from the plan; the married couples, up to $2,400, and $500 more for each child.
According to Adobe Analytics, after the announcement of the US coronavirus bailout, the online daily sales between March 12 and 31 increased by 38% on average, in comparison with the daily sales between March 1 and 11. Not products in all categories sold better, most ordered the essentials to satisfy daily needs, especially household items, preventive products, home office supplies.
Tip: Don't Miss the Hot Sales Next Time
As the bailout plan will last at least 6 months until the end of the pandemic. It is estimated that the US government will give money to those American taxpayers for the second time around Mid-May. By then, more orders will be placed on e-commerce platforms. If you missed the hot sales last time, don't let go of such a great opportunity again.
What products will sell like hotcakes? According to statistics announced by Stackline, a famous e-commerce company, the demands for household items including foods, preventive products, kitchenware, indoor fitness equipment increased.
Apart from the above top-selling product categories, key focuses for the next wave will include pet supplies, indoor entertainment, home improvement, garden & yard.
However, as the COVID-19 pandemic situation outside of China worsens, most e-commerce platforms ban products to warehouses to focus on essentials. What's worse, the logistics costs soar. On April 25, China Postal Office officially announced the increase of the EUB shipping rate, followed by the increase in transportation fares in the United States. All of these mean big problems for dropshippers without overseas warehouses.
SaleYee Will Help You Achieve Hot Sales
By integrating the supply chain resources, SaleYee has prepared thousands of must-have household items in overseas warehouses for global sellers. You can dropship at your earliest convenience without holding stock. Make sure to have the listings now for the upcoming spikes of sales!
Trending Products Plenty in Stock
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Take the initiative as soon as you can! Seize the opportunity! Take advantage of SaleYee's products in overseas warehouses, Visit saleyee.com for more best-selling products.
